The key to successfully and legally reducing business tax liability is
planning whether it be a Sole Proprietorship (Form Schedule C), Corporate
tax (S-Corp Form 1120s & C-Corp Form 1120), LLC (Form 1065 or
disregarded), Partnership (Form 1065), or other creation or entity. We go
beyond tax compliance and proactively recommend tax saving strategies to
maximize your savings and help you plan for your business.
As Certified Public Accountants (CPA) we make it our profession to
master the current tax code. We are required by professional standards to
constantly attend training and update courses. The information we then pass
on to our clients.
By proactively addressing and recommending tax savings strategies
businesses and individuals typically pay the lowest amount of taxes
allowable by law.
Some tax saving strategies are as follow
- We take advantage of income splitting among family members or legal
entities in order to get more of your business income taxed at lower
bracket.
- Shifting income or expenses as allowed by law from one year to
another in order to have them fall where it will be taxed at a lower
rate.
- Deferring certain tax liabilities through certain investment choices such
as pension plans, contributions and other similar plans.
- Finding tax deductions or credits that help you save taxes and run
improve your business.
Our Approach is Simple
- We show you how to grow and preserve assets by keeping Uncle Sam
out of your pockets.
- We show you the tax effect of equipment and other assets purchases.
- We explain and utilize pass-through entities and help you reduce taxes
on your personal income so you keep more of what you make.
- We explain the accounting effect of different transactions and the tax
effect.
- We help your staff with accounting and consult on best practices.
- We tie in our income tax to your accounting records and other filings
so in the event of audit your records smoothly flow from filing to filing.
- We show you the value of business accounting and help you utilize it
both to create tax savings but also to grow and manage your business.
A CPA in tax practice is responsible first to the client not the IRS. It is
typical that our clients save many times the fee in reduced tax liability
through careful planning and legitimate tax strategies.
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Would you like to reduce your tax liability?
Let us help, contact us now.
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